TAI SANG LAND<00089> - Results Announcement (Summary)

Tai Sang Land Development Limited announced on 27/3/2002:
(stock code: 89)
Year end date: 31/12/2001
Currency: HKD
Auditors' Report: Neither
Review of Interim Report by: N/A
                                                            (Audited)
                                           (Audited)        Last
                                           Current          Corresponding
                                           Period           Period
                                           from 1/1/2001    from 1/1/2000
                                           to 31/12/2001    to 31/12/2000
                                           ('Million)       ('Million)
Turnover                                 : 202.4            256.7
Profit/(Loss) from Operations            : 87.5             131.0
Finance cost                             : (28.4)           (34.0)
Share of Profit/(Loss) of Associates     : -                -
Share of Profit/(Loss) of
  Jointly Controlled Entities            : -                -
Profit/(Loss) after Tax & MI             : 50.5             85.5
% Change over Last Period                : -40.7%
EPS/(LPS)-Basic                          : 17.6 cents       29.7 cents
         -Diluted                        : N/A              N/A
Extraordinary (ETD) Gain/(Loss)          : -                -
Profit/(Loss) after ETD Items            : 50.5             85.5
Final Dividend per Share                 : 7 cents          8 cents
(Specify if with other options)          : -                -
B/C Dates for Final Dividend             : 24/5/2002 to 31/5/2002 bdi.
Payable Date                             : At the close of business of
                                           31/5/2002
B/C Dates for (-) General Meeting        : N/A
Other Distribution for Current Period    : N/A
B/C Dates for Other Distribution         : N/A